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Online Loan Platform Edai Lands USD 8-Digit Series A

36Kr, 5/29/14

Chengdu-based Edai Network Technology, operator of online loan platform Edai.com, has announced that the company has landed a USD 8-digit first round of funding from Softbank China.

Edai offers services such as online loan provider searches, online loan consulting, and P2P financing. The online financial platform is designed to help connect micro-lenders, guarantors, and banks. Edai was established in Chengdu in 2009, and primarily serves China's southwest region.

Keywords: financial services Edai Internet funding Softbank P2P first-round

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